Childcare Vouchers deadline extended by six months

Plans of Childcare Vouchers scheme by the Government's will be delayed by six months.

What is childcare vouchers scheme?

There is a Government-approved, tax-efficient way to save tax and national insurance on childcare costs. If you will join this scheme you will be able to pay £10,000 of childcare per child each year and you can exchange up to £243 in a month and £55 in a week of your gross salary for childcare vouchers scheme.

The Childcare Voucher scheme was meant to close for new entrants in April, but this has now Childcare Voucher scheme extended by around six months (October 2018) following a debate in the House of Commons on 13th March, because the scheme was replacing by another system called Tax-Free Childcare scheme, that was launched in last year but there was some issues in succession of problems, including issues dealt with dedicated website have yet to be sorted out. So this means still you have a chance to join the scheme.

For full information on what are childcare voucher scheme, how the scheme works, and the pros and cons, how does this scheme work, what are the conditions of this scheme, see this guide Childcare Vouchers scheme? You can ask your employer or HR department today to join or rejoin the Childcare Vouchers scheme.